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Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.80+0.9%Nov 19 4:00 PM EST

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To: Rarebird who wrote (59895)10/18/2000 8:58:09 AM
From: long-gone  Read Replies (1) of 116764
 
I have, in a few ways proven right. Back when the Internet index was at an all time high, I asking about the valuations compared to POG.

$100000 put into YHOO in January would be $19551 (minus brokerage fees & commissions)

$100000 put into gold bullion would be $94352.74(minus fees & commissions).

Ken was also proven slightly correct,but he missed the bigger point, or my bigger point.. The mining companies are marketing FOOLS!

Despite my many calls (here, GATA, the mining companies I own, W.G.C. ) there is still NO INVESTMENT VEHICLE available to most US investors who wish to put money into precious metals bullion!

Even IF any of the "greater fools" had been able to cut through the B.S. & enjoyed enough foresight to desire to buy precious metals bullion via their 401k's- THEY WOULD HAVE BEEN UNABLE!

Next, will CNBC or any of the the broad investment media - tell this story?
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